Details

MT5 to MT5 Copier

Version 2.0 pro.

Limited Time Offer from BJF Trading Group inc.

Expires Dec 2, 2014

MT5 -> MT5 Copier duplicates orders from MT5 terminal(s) to MT5 terminal(s) running on the same computer. The communication is almost instant. The copying speed , and any slippage, will depend from the quality of your broker execution.

Only summary net position of each trade symbol is copied.

StopLoss and TakeProfit are not copied. Pending orders are not copied.

This means that the trade closes as soon as the trade on the master platform is simply closed, whether that is via sl/tp, or via manual close.

Traders can apply individual settings for different trade symbols.

It is possible to create black list of symbols to prevent the copy or white list of symbols to copy only symbols from the list.

Slave terminal resynchronizes the trades often so you should not open new trades manually on the slave side because the trades are not included in the total net position will be automatically closed by the copier.

CopyTool can ignore some symbols so you can trade it manually or by other experts simultaneous with active Copyer.

MT5 to MT5 Copier Terms

MT5 to MT5 Copier Master Terminal

Master terminal is the terminal the trades copied from.

MT5 to MT5 Copier Slave Terminal

Slave terminal is the terminal the trades copied to.

MT5 -> MT5 Copier supports 4 modes of operation

one master - one slave

one master - many slaves

many masters - one slave

many masters - many slaves

MT5 to MT5 Copier Version 2.0 - What's new

You can use Copier with x64 MT5 and with x32 MT5 as well

MultiTradeFx.exe no longer required

Works via Expert Advisors

New improved interface

Added "Trade Symbols Properties" dialog window. Call via hotkeys.

Added "Mapping Symbols" dialog window. Call via hotkeys.

Another advantage - you can map symbols by different way.

For example map EURUSD and GBPUSD. When master terminal will open EURUSD order, slave will open GBPUSD order.

Map EURUSD on master and 2 symbols on the slave: EURUSD buy, GBPUSD sell. And get double arbitrage.

Map EURUSD on master and 3 symbols on the slave: EURUSD, GBPUSD, EURGBP. And get a triangle arbitrage.

You can edit each symbol. Add it to BlackList or WhiteList

Added reverse module

MT5 and multiple expert advisors problem

With MT5-MT5 copier you can emulate the trade of several different expert advisors on the same account sumultaneous.

Why you cannot easy do the trading on MT5 by applying of expert advisors portfolio?

The reason is that MT5 merges all open trades to summary net position per trade symbol.

Assume EA1 opens Buy 0.5 EURUSD, EA2 opens Sell 0.5 EURUSD.

Oops! Summary net position per EURUSD is zero! So EA1 is mixed and EA2 is mixed.

To avoid that problem you would apply something like virtuals orders manager to enhance the logic of 2 EAs.

This solution is quite difficult.

MT5-MT5 copier already implements that logic to calculate and mantain summary net position from multiple accounts.

Example 1:

To emulate the trade of 3 different EAs on the same account and trade symbol you should do the following:

Little more about us

BJF Trading Group was founded in 2000. In 2006 we have registered BJF Trading Group in ON, Canada. In April 2009 we grew into a BJF Trading Group corporation. For more than 10 years our company has been offering products and services for forex market.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTSMetaTrader®, MetaQuotes®,MQL4®,MQL5®, MT4®, MT5® is a trademark of Metaquotes® http://www.metaquotes.net